QS Energy Inc (QSEP)

[Myrka]

Check Zizek post #9680

Just to stop a bad argument before it gets off the ground, I too was a bit surprised by the cut from a $60k lease to a $20k lease. That seemed like a bad sign.

However, take a quick peek at both lease agreements. TC, for $60k/month was leasing:
AOT Midstream, skid mounted; Quantity = 4
Header assembly; Quantity = 2 (intake and outtake)
AOT Power Supplies; Quantity = 4
Data acquisition and control; Quantity = 1
Power supply and SCADA housing; Quantity = 1

Today, KM agreed to a lease, for $20k/month:
AOT Midstream, skid mounted; Quantity = 1
Header assembly; Quantity = 2 (intake and outtake)
AOT Power Supply; Quantity = 1

Now I'm no math genius, but TC was leasing 4 units for $60k, and KM is leasing 1 unit for $20k. Call me crazy, but if we were selling a product no one wanted, would the cost per unit increase over time? Even if one were to argue that TC was getting a discount for leasing multiple units, the worst-case comparison between these two leases is that they're for about the same amount.